Current Account in Thailand

Thailand Current Account (USD bn) | Economic News & Forecasts

Thailand - Current Account (billions of U.S. Dollars)

Following a moderation in the pace of growth in the third quarter of 2018, the economy should have accelerated in the final quarter on the back of rising private consumption. Indeed, in October–November, annual private consumption growth remained broadly unchanged from the multi-year high averaged in the second quarter. In less positive news, however, the trade balance likely fell into the red in the fourth quarter on weakening export growth amid global trade tensions and robust import growth reflective of firming domestic demand. Moreover, business confidence worsened in December, falling into pessimistic territory. Meanwhile, in the political arena, scheduled general elections were once again delayed—this time from 24 February to mid-March, due to supposed administrative difficulties. This impelled the first protesters to take to the streets since the military government outlawed such demonstrations following the 2014 coup d’état.

Thailand - Current Account (USD bn) Data

2013  2014  2015  2016  2017  
Current Account Balance (USD bn)-4.9  15.2  32.1  48.2  48.1  

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Thailand Current Account (USD bn) Chart

Thailand Current Account
Note: Current account balance as % of GDP.
Source: Bank of Thailand and FocusEconomics calculations.

Thailand Facts

Bond Yield2.470.0 %Jan 22
Exchange Rate31.750.17 %Jan 22
Stock Market1,602-1.41 %Jan 22

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